* On the Daily Chart, Silver (Sep) has breached above its “Upper Bollinger Band”, which confirms bullish momentum.
* Moreover, price has closed above its “Horizontal Line Formation” which indicates power in the hands of the bulls.
* Furthermore, prices have been trading above its “Parabolic SAR” which indicates an upward movement.
* Also, momentum indicator RSI (14) has sustained above its 50 level, which confirms strength. Additionally, Super Trend (7,1) indicator is in a buy signal which signals bullish presence.
* Based on the above technical structure, we expect a bullish movementin Silver (Sep) towards the level 54800 in the near term.
Buy Silver (sep) @ 52250 SL 50900 TGT 54800
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://choicebroking.in/disclaimer
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer